The price of technical-grade lithium carbonate in China rose for the second time since mid-June this week, amid active trader restocking, thereby improving sentiment in the battery-grade chemicals market, sources told Fastmarkets.Fastmarkets' lithium carbonate 99% Li2CO3 min, technical and industrial grade, spot price range exw domestic China edged up to 79,000-80,000 yuan ($12,189-12,344) per ton...Read More
The global battery-grade lithium complex was steady over the week ended Thursday July 1, with market participants broadly optimistic about lithium hydroxide price momentum and citing tight feedstock availability. Battery-grade lithium hydroxide prices in Asia were steady against a backdrop of rising spodumene costs. Trader restocking supported the domestic Chinese lithium carbonate price at...Read More
An overview of the new energy materials markets and their price moves from the past week.Susan Zou, Yingchi Yang, and...Read More
The United States' pig iron import market was muted during the week to Friday July 2 because buyers preferred to wait to see the effects on the market of the announcement of an export duty by Russia.Russia is the largest global pig iron supplier. It intends to impose a temporary export duty on pig iron at the level of 15% but no less than $115 per tonne, to be effective from August 1 until Decembe...Read More
Base metals prices on both the London Metal Exchange and the Shanghai Futures Exchange were mixed this morning, Friday July 2, and were looking quite divergent. Base metalsLME three-month copper ($9,314 per tonne) and aluminium ($2,516 per tonne) were up by 0.5% and 0.3% respectively, while the rest were down by an average of 0.3%, led by a 0.7% fall in nickel ($17,970 per tonne). In recent days,...Read More
Turkish deep-sea scrap import prices fell at the end of the week after a fresh cargo from the Baltic Sea came to light, market participants told Fastmarkets on Friday July 2.A steel mill in the Izmir region booked the Baltic Sea cargo, comprising 25,000 tonnes of HMS 1&2 (80:20) at $495 per tonne and 5,000 tonnes of bonus at $510 per tonne cfr, late on Thursday July 1.This was fourth the deep-sea...Read More
The pig iron export market in Brazil remained calm in the week to Friday July 2, waiting to see how the global market will react to Russia's plan to impose export duties on a range of metal products.Fastmarkets' price assessment for pig iron, export, fob port of Vitoria/Rio, Brazil, was $620-625 per tonne on Friday, widening upward from $620 per tonne a week before.Offers from the south...Read More
The price of 18/8 (grade-304) stainless steel scrap in UK and Europe was unchanged this week because of relatively stable nickel costs, Fastmarkets heard on Friday July 2.Fastmarkets' weekly assessment for stainless steel scrap 18/8 solids domestic, delivered merchants UK was ?1,200-1,250 ($1,655-1,724) on July 2, unchanged week on week.The three month London Metal Exchange price of...Read More
Turkey secured up a fourth deep-sea steel scrap purchase at a discount, compared with its previous three previous cargo buys, in the week to Friday July 2, while activity in other global markets was comparatively subdued.Turkey secured four deep-sea cargoes, from Europe and the United StatesUS exporters kept export prices above $500 per tonne; international mills were forced to compete with the vi...Read More
An overview of the new energy materials markets and their price moves from the past week.Susan Zou, Yingchi Yang, and...Read More
An overview of the aerospace materials markets and the latest price moves.Cristina Belda and Dalila Ouerghi...Read More
Key data from Fastmarkets' pricing sessions in China, the United States and Europe on Friday July 2.ChinaSeaborne low-grade manganese ore prices were little changed in the week to July 2, while the market for high-grade manganese ore strengthened again after buyers accepted elevated prices for August-shipment material which was first offered late last week.Portside market softened with buying acti...Read More
An overview of the aerospace materials markets and the latest price moves.Cristina Belda and Dalila Ouerghi...Read More
Key data from Fastmarkets' pricing sessions in China, the United States and Europe on Friday July 2.China The China ferro-silicon price edged up due to the tighter availability following the news that producers in Shanxi and Ningxia might face another round of production cuts so the provinces can meet their dual energy consumption targets, with supplier offers broadly unchanged.In addition, the ne...Read More
An overview of the new energy materials markets and their price moves from the past week.Susan Zou, Yingchi Yang, and...Read More
An overview of the new energy materials markets and their price moves from the past week.Susan Zou, Yingchi Yang, and...Read More
The German subsidiary of Blackstone Resources AG is to increase its lithium-ion battery production capacity tenfold, the company said.According to the Switzerland-based holding company, Blackstone Technology will increase its lithium-ion battery manufacturing capacity to 500 MWh per year at its D??beln site in Saxony by 2022. The batteries are made using the company's own 3D-printing...Read More
Here are five Fastmarkets stories you might have missed on Thursday July 1 that are worth another look.Brazilian exports of iron ore rose by 12.19% in June this year compared with the corresponding month of 2020, despite Vale closing down part of a large complex in southeastern Brazil, according to...Read More
Aqua Metals has signed a letter of intent with ACME Metal Enterprise to deploy and license the US company's lead recycling equipment at its facility in Keelung, Taiwan, the companies said.The agreement gives the two companies 60 days to finalize the deal and includes terms for licensing and a phased deployment of Aqua Metals' AquaRefining technology, which is a room temperature, water-based proces...Read More
The German subsidiary of Blackstone Resources AG is to increase its lithium-ion battery production capacity tenfold, the company said.According to the Switzerland-based holding company, Blackstone Technology will increase its lithium-ion battery manufacturing capacity to 500 MWh per year at its D??beln site in Saxony by 2022. The batteries are made using the company's own 3D-printing...Read More